In this Megatrends-focused podcast, we look at the growing Indian middle class, the influence of AI in travel, and the controversy surrounding hotel junk fees.
Luxury is fun, and lifestyle properties are hip. Yet mid-market brands that serve middle-class travelers, a rising group, are the biggest opportunity for major hotel groups.
Hopper is under pressure to get profitable, and an IPO may be in its long-range plans. Blowback against some of its fintech products and issues with hotel chains, aren't helping.
Wyndham didn't say it had returned to the deal talks with Choice Hotels last week, but Choice says it did. Choice is also wooing many of Wyndham's key investors. The saga is getting more intense.
As expected, Wyndham’s Board of Directors unanimously determined the unsolicited exchange offer from Choice Hotels to acquire WH is not in the best interests of shareholders.
Some franchisees are worried their revenue would fall after a Choice merger with Wyndham. But Choice Hotels says it has heard from franchisees who expect to see gains to their bottom line from the proposed deal. The debate rolls on.